2018 CVE to ARS Historical Review

YEARLY HIGH

0.4335 ARS

YEARLY LOW

0.2001 ARS

YEARLY AVERAGE

0.2976 ARS

2018 CVE to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.4335. Conversely, the yearly low was recorded on January 2, dropping to 0.2001.

This high-to-low spread represents a total annual volatility of 0.2334 ARS. From a start-to-finish perspective, comparing the January average rate of 0.2094 to the December average rate of 0.3891, the exchange rate registered a net change of 85.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4335 was up 108.68% compared to the 2017 peak of 0.2077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 2,168 ARS

2017 Average 848 ARS

Yearly Trough Low 1,001 ARS

Transaction Impact: A difference of 1,166.85 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4265

0.1896

JanuMarcMayJulySeptNove

CVE to ARS Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2356, compared to 0.3597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1241 points.

H1 Avg (Jan–Jun) 0.2356

H2 Avg (Jul–Dec) 0.3597

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1244 ARS (High: 0.4092 / Low: 0.2847). On the other end, April was the most stable month, with a tight range of 0.0033 ARS (High: 0.2260 / Low: 0.2228).

August Spread (Volatile) ±0.1244

April Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0223 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.4068) against the same month in 2017 (average: 0.1856), the exchange rate shifted by +0.2212 (+119.19%).

2018 Avg (September) 0.4068

2017 Avg (September) 0.1856

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2210	0.2001	0.2094
February	0.2241	0.2176	0.2212
March	0.2288	0.2221	0.2253
April	0.2260	0.2228	0.2244
May	0.2708	0.2253	0.2520
June	0.3022	0.2628	0.2812
July	0.3038	0.2876	0.2920
August	0.4092	0.2847	0.3119
September	0.4335	0.3897	0.4068
October	0.4136	0.3674	0.3844
November	0.4008	0.3640	0.3741
December	0.3954	0.3748	0.3891